Thread regarding USAA layoffs

New CEO = layoffs

It doesn't matter who it is. The result will be the same.

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| 912 views | | 2 replies (last August 19, 2024) | Reply
Post ID: @OP+1u5AiOC9

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The constant grind of 1-2% annual layoffs will be sustained for at least another 5-10 years across all financial services.

As fun as it is to blame things on Peacock, that's one aspect of today's misery that's not really his baby. That's the reality of where entire industries are in terms of their technological opportunity and their life cycle. The fat years for many white collar workers are over. The layoffs will continue until morale improves.

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Post ID: @jtw+1u5AiOC9

There is a reason Peacuck is staying on until beginning of 2025. He has to see some more layoffs through. Probably part of his golden parachute requirements.

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Post ID: @qsv+1u5AiOC9

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